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Updated over 14 years ago,
Transactional Funding Concerns
I have been in the transactional funding business for some time now and have seen the great success it can bring people. For those of you who don't know, transactional funding provides 100% of the loan to cost on investment flip properties and is generally only lent for 24 to 48 hours. These properties often are short sales and reo's, and occasionally wholesale deals.
I have noticed over my time in the industry that many people are weary of these types of lenders and are sometimes afraid to use these services. Being in the industry, I wanted to start a thread regarding any concerns investors have using this service as well as any questions people may have about how to use them. Those are my starting topics but feel free to take this wherever you all see valuable.